NPIF II - Maven Equity Finance

Equity finance up to £5 million for ambitious businesses located across the North East of England.

Apply now

Northern Powerhouse Investment Fund II logo

 

About the Fund

 Part of the £660 million Northern Powerhouse Investment Fund, NPIF II - Maven Equity Finance is one of a series of Nations and Regions Investment Funds launched by the British Business Bank which will deliver £1.6 billion of new funding to smaller businesses across the UK. 

NPIF II - Maven Equity Finance aims to tackle an identified funding gap between the North and South of England and increase the supply and diversity of early-stage finance for smaller businesses. The Fund can invest up to £5 million in ambitious and growth-focused companies located across the North East of England.

Take the next step in your growth journey

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Funding available up to £5 million

Equity Finance available for start-ups and established businesses with growth ambitions.

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Targeting businesses in the Northern Powerhouse region

Available to smaller companies located across the North East of England.

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Equity funding to support business growth

Funding packages can be tailored to individual business needs and growth strategy.

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Available for start ups as well as established SMEs

For innovative and fast growing businesses at all stages of development.

Helping you grow your business

NPIF II - Maven Equity Finance is designed for small businesses that need funding to grow, and can support a wide range of business finance needs including:

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Purchasing new machinery

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Capital Expenditure

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Export Finance

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Investing in new products

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Hiring a new team

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Filling gaps in working capital

The NPIF II region

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NPIF II - Maven Equity Finance covers the following areas across the North East of England:

1. Darlington, Hartlepool and Stockton-on-Tees, South Teesside

2. Durham

3. Northumberland

4. Sunderland and Tyneside

To check which local authority your business is located in, see www.gov.uk/find-local-council

Latest news & insights

NPIF-II Fund Managers pictured together

News

Maven managed NPIF II Equity Fund launches in the North East

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News

Maven managed NPIF II Equity Fund launches in the North East

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NPIF-II Fund Managers pictured together

News

Maven launches Female Founder Funding Programme

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Rebecca MacDermid, Investment Manager at Maven

Insights

Episode 4 of Invested Podcast out now

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Tom Dunlop, CEO of Summize

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Innovating for Growth: Navigating the Tech Revolution

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David Nixon, Senior Investment Manager at Maven

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What does Maven look for when assessing a business?

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James Darlington, Investment Director at Maven

Meet the local team

Our investment and portfolio executives come from a variety of commercial, financial and industry backgrounds with collective experience and skills, built up over many years, of supporting fast-growing businesses throughout the UK. Our team is here to ensure that you are one step closer to fulfilling your business's growth potential.

David Nixon
David Nixon

Senior Investment Manager

Meghan Phillips
Meghan Phillips

Investment Manager

Michael Dickens
Michael Dickens

Investment Manager

Michael Vassallo
Michael Vassallo

Investment Partner

Rebecca MacDermid
Rebecca MacDermid

Investment Manager

No matches

Apply today

Complete our simple three stage application process here.

Apply now

Frequently asked questions

What is the Northern Powerhouse Investment Fund II?
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The British Business Bank operates the Northern Powerhouse Investment Fund II, a £660m Fund covering North of England. It offers loans ranging from £25k to £2m and equity investments up to £5m. These financial resources aim to assist various small and medium-sized businesses, whether to start up, scale up or stay ahead.

What is the purpose of the Northern Powerhouse Investment Fund II?
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The Northern Powerhouse Investment Fund II aims to tackle an identified funding gap between the North and South of England and increase the supply and diversity of early-stage finance for smaller businesses.

What types of funding are available?
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As Fund manager, Maven can offer equity finance up to £5 million for eligible SMEs across the North East of England. 

What are the eligibility criteria for funding?
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To be eligible for funding, businesses must be based in the North East of England (Darlington
Durham, Hartlepool and Stockton-on-Tees, Northumberland, South Teesside, Northumberland, Sunderland and Tyneside.) They must also demonstrate a viable business plan and be able to demonstrate how the funding will help them achieve their growth ambitions. 

Who can I contact for further information?
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You can contact the NPIF team directly or by emailing northeast-enquiries@mavencp.com for further information.

Who funds the Northern Powerhouse Investment Fund II?
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The Northern Powerhouse Investment Fund II is one of a series of new Nations and Regions Investment Funds launched by the British Business Bank which will deliver a £1.6 billion commitment of new funding to drive sustainable economic growth.

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